Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MAGADSUGAR) Magadh Sugar complete technical analysis [charts+indicators] | Buy/Sell Magadh Sugar | (MAGADSUGAR) share price targets

Complete technical analysis of Magadh Sugar (MAGADSUGAR) by charts plus indicators, forecast predictions and share price targets for Magadh Sugar (MAGADSUGAR)

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Magadh Sugar is 15349

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	580.35	578.00	584.95	565.00	0.718 times
12 Fri Apr 2024	594.55	607.35	607.35	583.05	0.774 times
10 Wed Apr 2024	606.35	609.00	618.95	600.20	1.414 times
09 Tue Apr 2024	603.25	596.70	609.90	581.05	1.436 times
08 Mon Apr 2024	584.40	580.20	586.15	576.20	0.812 times
05 Fri Apr 2024	577.20	561.80	580.00	561.80	0.568 times
04 Thu Apr 2024	567.50	582.00	584.95	559.75	1.044 times
03 Wed Apr 2024	575.70	557.40	580.40	552.50	0.942 times
02 Tue Apr 2024	552.95	552.00	561.50	545.70	0.728 times
01 Mon Apr 2024	547.25	536.95	563.90	536.95	1.293 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 585.4 as stoploss in an intra day sell trade for a target of 561.02. However, stock will show a bullish move above 585.4.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	522.00
Downside Target	536.95
Downside Target	565.00
Upside Target	602.35
Upside Target	618.95
Upside Target	622.00
Upside Target	654.60
Upside Target	701.60
Upside Target	707.00
Upside Target	810.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	568.58
Downside Intraday Target	556.82
Upside Intraday Target	588.53
Upside Intraday Target	596.72
Downside Intraday Target	576.77

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	580.35	578.00	584.95	565.00	0.162 times
12 Fri Apr 2024	594.55	580.20	618.95	576.20	0.969 times
05 Fri Apr 2024	577.20	536.95	584.95	536.95	1.343 times
28 Thu Mar 2024	536.85	550.00	565.00	524.75	0.56 times
22 Fri Mar 2024	547.85	569.90	578.10	522.00	0.923 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	580.35	536.95	618.95	536.95	0.494 times
28 Thu Mar 2024	536.85	625.95	654.60	522.00	0.462 times
29 Thu Feb 2024	624.35	638.05	701.60	602.35	1.919 times
31 Wed Jan 2024	635.80	687.75	707.00	594.00	0.229 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Magadh Sugar (MAGADSUGAR)

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Magadh Sugar stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magadh Sugar in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magadh Sugar Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magadh Sugar in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Magadh Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 580.51 and Magadh Sugar (MAGADSUGAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Magadh Sugar (MAGADSUGAR) stock. Volume based technical analysis of Magadh Sugar (MAGADSUGAR) stock is negative.

Magadh Sugar Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.